III.
EEDC Special Purpose companies
This is
the pragmatic, internal investment and development
arm of EEDC. The basic concept of EEDC Special
purpose companies could be highlighted as
follows:
>> EEDC WDO is the geopolitical
and geostrategic segment of EEDC, and in
many cases the core unit to receive and
despatch for analysis and distribution the
different projects presented to EEDC Head
Office or to any other office or representative
of EEDC in the world. In addition, we have
the EEDC Financial Trust that, under the
surveillance and approval of EEDC WDO, procures
the funding or investment by different means
to the projects presented.
>> With these two basic structures,
EEDC WDO and EEDC Financial Trust, a number
of special purpose companies are created,
with an independent life and autonomy from
EEDC, these companies exist to develop and
support each new project to be funded. We
will give a short example of this:
A real estate group in Latin America have
required from EEDC several million USD to
develop a major real estate project. Upon
agreement, EEDC will provide 100% of the
required capital and the real estate developers
provide the land. In that moment a special
purpose company will be created to develop
the project. Then the Latin American developers
will be managing the business and procuring
the expected profit. Furthermore, when profits
will be generated for the development of
the project, EEDC will reinvest part of
those profits in future projects to generate
more development and welfare.
This example
is exactly applicable as pars pro toto to
any other investment, and for any type of
special purpose companies created by EEDC,
mutatis mutandis, whatever the nature the
project will be, i.e. science and technology,
telecommunications, real estate, hospitals,
industrial development, and for any private
or public project with private participation.
IV.
EEDC Science and Technology Trust:
This is a
trust exclusively created to fund and develop
breakthrough technology and new specific
roads of thinking and research.
Our funding
and development approach is based in a totally
new model, let's briefly see how it works:
>>
A scientist, technological developer or
inventor, who is looking then for funding,
and is not willing to go into a traditional
funding scheme where they will be absorbed
by a large technological corporation or
controlled by the capital, can through EEDC
access a new way to develop and expand his
project, create his own development company
and be shareholder of it in conjunction
with EEDC. In order to do that EEDC will
create a special purpose company, where
the scientist or technological developer
becomes the co-owner, in conjunction with
the EEDC shareholders.
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